Secured Loans

Secured loans are becoming increasingly popular in the UK…

Silverpark have a strong relationship with Vantage Finance, our first choice for secured lending.

Why choose a secured loan?
  • – Secured loans offer a flexible alternative to a remortgage, allowing you to raise additional money while leaving your existing mortgage in place
  • – They can be used for a range of purposes, including but not limited to; debt consolidation / restructuring, home improvements, buying investment property, buying property abroad, for business, or any other legal purpose
Highlights and benefits
  • – Generous affordability calculations which often allow for more money to be raised when compared with a standard remortgage
  • – No upfront costs to you. Vantage Finance, ( our first choice for secured lending) will meet the cost of your valuation, and any other costs relating to the processing of the application***
  • – Vantage Finance has access to market leading rates and exclusive products
  • – Fast turnaround times and competitive commission
Product details and criteria
  • – Loan amounts ranging from £10,000 to £3,000,000**
  • – Early repayment charges on secured loans subject to a maximum of two month’s interest***
  • – Secured loans can be arranged on residential, buy to let, semi commercial & commercial property. Non-standard construction properties considered
  • – Up to 95% LTV* (to include first mortgage balance and any early repayment penalties where applicable)
  • – Interest only loans available
  • – Adverse credit can be accepted

*LTVs reduced for loans made for business purpose or secured against buy to let or commercial property.
**£3m maximum loan applies to buy to let loans, lending for business purposes, or to high net worth individuals. Loans above £250,000 on residential property where it does not fall into one of those categories are by referral only.
***Applied to loans which fall under The Consumer Credit Act, (CCA) and not applicable to business loans, or loans against property which is not the clients primary residence.